Waller County

Economic Impact of PVAMU on Waller County:

The direct spending impact to the economy of Waller County is $122,098,408 annually.

The direct economic impact of PVAMU on Waller County is estimated at $122.10 million per year. This impact includes $67.31 million in faculty and staff wages and salaries, $15.57 million in other institutional spending (including construction), $30.22 million in spending by undergraduate students, $1.57 million in spending by graduate students, and $7.43 million in spending by visitors to the University.

The total output impact on Waller County is $162,381,968 annually.

The total economic impact of PVAMU on Waller County is estimated at $162.38 million annually, which includes $122.10 million in direct impact, which in turn generates an additional $40.28 million in secondary effects. This economic impact includes $71.65 million in wages and salaries for faculty and staff, $34.31 million in other institutional spending, $43.00 million in spending by undergraduate students, $2.28 million in spending by graduate students, and $11.13 million in spending by visitors to the University.

The labor income impact on Waller County is $ 83,615,659 annually.

The labor income impact of PVAMU on Waller County is estimated at $83.62 million annually. Of this total, $68.41 million is generated by faculty and staff wages and salaries, $11.11 million by other institutional spending, $3.01 million by undergraduate student spending, $0.17 million by graduate student spending, and $0.92 million by visitor spending.

The employment impact on Waller County is 1,563 full-time jobs.

The PVAMU operations support a total of 1,563 full-time jobs in Waller County. Of this total, 1,144 jobs are supported by faculty and staff wages and salaries, 277 jobs by other institutional spending, 106 jobs by undergraduate student spending, 6 jobs by graduate student spending, and 30 jobs by visitor spending. PVAMU is the largest employer in Waller County.

The increase in lifetime earnings power of 2012 graduates residing in Waller County, a measure of long-term impact, equals $99,811,677.

Based on gains in lifetime earning streams from a university degree, the University contributes $99.81 million to additional lifetime earnings of 2012 graduates who reside in Waller County. Of this total, $76.40 million is contributed to graduates with Bachelor’s degrees, $21.83 million to graduates with Master’s degrees, and $1.58 million to graduates with Doctorate degrees.